Crypto

RoRa Holdings Reinforces Its Commitment Towards Sustainable Crypto

Published on: 19 May 2022
by KnowESG
Crypto

The company announced its dedication to delivering sustainable crypto assets. Rora Holding is committed, through blockchain technology—more precisely, a hybrid model of algorithmic adjustments and historical asset backing—to promoting digital monetization to enable asset holders and financial institutions to purchase and profit from stable coins and gold coins for their assets.  

The algorithmic stablecoin TerraUSB’s value has plummeted from a promised peg of $1 to $0.12 and dragged along investor confidence. 

This development discusses the significance of a balanced approach that includes the support of historically-proven assets as well as algorithmic changes based on real-world, real-time data. Bitcoin and ether, the two biggest cryptocurrencies that are dubbed the "blue chips" of the cryptocurrency market, also saw their value traced back to December 2020 prices.

Consequently, never before has the fragility of algorithmic stablecoins been so exposed. 

While this crash has severely shaken investor confidence and cast doubt on the feasibility of algorithmic stablecoins, RoRa Holdings is confident that algorithmic adjustments can still serve their purpose through a multifaceted strategy. 

RoRa Holdings is employing a multifaceted, unique strategy to provide a series of asset-backed coins designed to maintain their value and endure the test of time. This is made possible through the maintenance of historically sustainable goods' reserves, such as oil, gold, and precious stones. 

After conducting research and development (R&D), RoRa Holdings’ team discovered that these assets could not fight inflation or volatility on their own. They relied on the introduction of algorithmic methods that utilise the Monetary Measurement Unit (MMU), a proprietary investment index that enables access to the most precise and real-time assessment of world economic development. 

RoRa coins are ultimately meant to achieve long-term sustainability. This will be made possible by keeping reserves of tangible, proven assets and combining them with data-driven algorithmic modifications. 

The RoRa Holding team believes that this multifaceted strategy will play a significant role in the future of decentralised finance and finance in general. 

Source: Digitaljournal

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